Industry News from Conferencing

[December 28, 2012]

Akademos-TextbookX Saves Students over $46 Million and an Average of 54% on Textbooks in its TextbookX Marketplace

Norwalk, CT, Dec 28, 2012 (PRWeb.com via COMTEX) --
Akademos, Inc., a leading provider of integrated online bookstores and marketplaces for educational institutions, announced today that it has saved college students over $46 million dollars on the cost of textbooks.

Course materials costs, along with tuition, can be an obstacle to retention and persistence in degree-seeking students. And the high costs of providing textbooks in school stores are a factor in student performance. Schools that sell textbooks in an online bookstore are often able to save money on the operational expenses of running a brick and mortar bookstore. Thus, schools with online textbook stores are in a better position to pass those savings onto students, helping to make quality course materials more affordable.

Akademos helps colleges, universities, and their students by increasing the availability of used books, facilitating the adoption of digital and eBooks, and making the textbook ordering process easy and error-free. Its continuous efforts to increase diversity of formats and overall quantity of textbooks, including launching its popular textbook rental program, has resulted in one of the biggest textbook marketplaces for colleges and their students. Students can take advantage of free shipping offers on textbooks, use their financial aid to purchase textbooks online through partner institution websites, and sell textbooks back at anytime of the year, not just during traditional school buy-buy periods. And Akademos' growing list of participating schools nationwide receive the added benefit of customized and integrated bookstores.

Akademos' Marketplace for low cost textbooks, located on TextbookX.com, has served hundreds of colleges and universities as well as hundreds of thousands of college students. TextbookX has exponentially saved students from every state in the US more as it grows its inventory, and its list of 3rd party marketplace sellers--in many cases, the same textbook sellers as on sites like Amazon.

Akademos is proud to share that it has saved students an average of 56% off the list price of textbooks over the course of the company's lifetime. That amounts to a savings of over $46 Million off textbooks for students.

To put those textbooks savings into perspective, the amount of money Akademos has helped save students through its TextbookX website could:
Send 629 students to Harvard University and pay for four years of tuition
Help 2,392 students get their associates degree at Miami-Dade College in Florida, one of the largest community college systems in the United States
Buy a Dell laptop for 115,000 college students
Akademos believes that every student has a right to affordable educational materials, and that schools--in order to meet their educational mission and accommodate their students' preferences--should have new choices in delivering those materials. As such, Akademos' full-service, online solution delivers tremendous savings on textbooks and other course materials while providing administrators and faculty with critical control over the process.

To learn more about Akademos' online bookstore service offerings for educational institutions, visit the Akademos website. To learn more about Akademos' direct-to-student website visit the TextbookX site.

About Akademos
Akademos offers virtual bookstore services, eLearning solutions, and an innovative textbook marketplace to schools. Its comprehensive supply-chain solution and commitment to responsive personal service make Akademos a leader in providing affordable textbooks and digital learning tools for schools. Students can choose from new, used, rental, and eBook options while schools can reduce costs and increase operating efficiency. Faculty can search, discover and adopt new texts using the Akademos Textbook Adoption Tool at http://www.adoption.akademos.com. Akademos delivers the right course materials, at affordable prices, on time. Learn more about Akademos' direct-to-students ecommerce platform at http://www.textbookx.com and its offerings to partner schools at http://www.akademos.com.

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